Singapore legislation

Section 70N

of Legal Profession Act 1966

Section 70N

Rules for this Part

Amended by22/201822/201822/201822/201822/201822/2018

(1)

The Council may, with the approval of the Minister, make rules for the purposes of this Part.

Amended by22/2018

(2)

Without limiting subsection (1), the rules made under that subsection may prescribe —

(a)

any limitation for the purposes of section 70J(2) or (3), and the classes of transferred unclaimed client money and transferred unclaimed intervention money (as the case may be) to which section 70J(3)(b)(ii), (c) or (d) applies;

(b)

any information or declaration that must be provided with an application under section 70K(1);

(c)

any requirements for the purposes of section 70K(2);

(d)

any requirements for the purposes of section 70L(2);

(e)

any action that the Society may take to ascertain whether the rules made under this section are being complied with, which action may include imposing a requirement that a solicitor or Singapore law practice that pays any transferred unclaimed client money into the Fund under section 70K must —

(i)

continue to keep and maintain such records relating to the money as the Society may require; and

(ii)

produce to the Society those records and such other information as the Society may require for the administration of this Part; and

(f)

any other thing that may be prescribed for the purposes of this Part.

Amended by22/2018

(3)

Disciplinary proceedings may be taken against any solicitor who contravenes any rules made under this section.

Amended by22/2018

(4)

The Director of Legal Services may exercise, against any law firm, any limited liability law partnership and any law corporation that contravenes any rules made under this section, the powers under sections 133, 145 and 161, respectively.

Amended by22/2018

(5)

This Part and any rules made under subsection (1) apply, with such modifications as may be prescribed under subsection (6), to —

(a)

any regulated foreign lawyer; and

(b)

any Joint Law Venture or its constituent foreign law practice, any Qualifying Foreign Law Practice or any licensed foreign law practice.

Amended by22/2018

(6)

The Minister may make rules to prescribe the modifications to be made, for the purposes of subsection (5), to this Part and any rules made under subsection (1).

Amended by22/2018